Request the White Paper: Cost Saving Strategies for Engineering
Five Compelling Facts from the Research:
Best-in-Class companies meet cost targets for 86% of their products because of their use of simulation.
Best-in-Class companies have enjoyed a 6% reduction in product costs over the last 2 years by using simulation.
Simulation has enabled Best-in-Class companies to launch 86% of their products on time.
At design release Best-in-Class companies are able to meet quality targets for 91% of their products because they are taking advantage of simulation.
Best-in-Class companies have seen a 14.8% increase in profit margins over the last 2 years because simulation is helping them take cost out of products.
As the economy heads into a recovery, returning to profitability is top of mind for many companies. This is driving them to look for ways to reduce costs. The design decisions engineers make have a significant impact on the final cost of a product. When armed with the right resources, engineers are empowered to make better decisions that enable them to take cost out of products, without sacrificing quality, thus improving profitability for the company. This report offers guidance for successful cost saving strategies during the design process.
